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Mortgages and shares
phynbarr
Posts: 58 Forumite
I have some shares which could be used to underpin a mortgage.
If I sell them I would incur 28% CGT, is there anyway I can raise a mortgage against them?
Thanks in advance
If I sell them I would incur 28% CGT, is there anyway I can raise a mortgage against them?
Thanks in advance
0
Comments
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Share prices move up and down. So there's no guarantee as to future value. Cash in enough every tax year to stay below the CGT threshold.0
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appreciate that
AND
it won't get me a mortgage now
I would be very happy to cash in enough each year to stay below the limit and use it to pay off a mortgage
If I could find a lender who would work that way0
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